Asprey Management Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04482788 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

Asprey Management Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

I Ellis

Ms R M Ratty

SECRETARY:

I Ellis

REGISTERED OFFICE:

The Old School

78 Sutton Road

Terrington St Clement

Kings Lynn

Norfolk

PE34 4PJ

REGISTERED NUMBER:

04482788 (England and Wales)

ACCOUNTANTS:

Frost & Co

3 Windermere Road

Sudbury

Suffolk

CO10 2QD

FIXED ASSETS

Tangible assets

2

34,450

35,906

CURRENT ASSETS

Stocks

5,241

7,460

Debtors

32,913

17,998

Cash at bank

108,229

87,379

146,383

112,837

CREDITORS

Amounts falling due within one year

(64,666

)

(53,696

)

NET CURRENT ASSETS

81,717

59,141

TOTAL ASSETS LESS CURRENT LIABILITIES

116,167

95,047

PROVISIONS FOR LIABILITIES

(5,766

)

(5,766

)

NET ASSETS

110,401

89,281

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

110,301

89,181

SHAREHOLDERS' FUNDS

110,401

89,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 July 2015 and were signed on its behalf by:

I Ellis - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

218,530

Additions

17,438

At 31 October 2014

235,968

DEPRECIATION

At 1 November 2013

182,624

Charge for year

18,894

At 31 October 2014

201,518

NET BOOK VALUE

At 31 October 2014

34,450

At 31 October 2013

35,906

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

100

Ordinary

1

100

100

4.	ULTIMATE PARENT COMPANY